Report Update Nov 1, 2024

Dominican Republic - Dry-Cleaning Machines - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in the Dominican Republic

The Dominican dry-cleaning machine market skyrocketed to $X in 2021, growing by 244% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a buoyant increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Dry-Cleaning Machine Exports

Exports from the Dominican Republic

In 2021, exports of dry-cleaning machines from the Dominican Republic amounted to X units, remaining constant against the previous year's figure. In general, exports recorded a sharp descent. The growth pace was the most rapid in 2016 when exports increased by 200% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, dry-cleaning machine exports contracted to $X in 2021. Overall, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2019 with an increase of 233% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Cuba (X units) was the main destination for dry-cleaning machine exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Cuba totaled -16.4%.

In value terms, Cuba ($X) emerged as the key foreign market for dry-cleaning machines exports from the Dominican Republic, comprising 98% of total exports. The second position in the ranking was taken by Haiti ($X), with a 1.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Cuba amounted to -22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-59.5% per year) and the United States (-54.7% per year).

Export Prices by Country

In 2021, the average dry-cleaning machine export price amounted to $X per unit, falling by -27.7% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 68%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($X per unit), while the average price for exports to Cuba ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+24.4%), while the prices for the other major destinations experienced mixed trend patterns.

Dry-Cleaning Machine Imports

Imports into the Dominican Republic

In 2021, approx. X units of dry-cleaning machines were imported into the Dominican Republic; rising by 164% compared with 2020 figures. Over the period under review, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dry-cleaning machine imports surged to $X in 2021. Overall, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Korea (X units) constituted the largest dry-cleaning machine supplier to the Dominican Republic, with a 35% share of total imports. Moreover, dry-cleaning machine imports from South Korea exceeded the figures recorded by the second-largest supplier, Switzerland (X units), twofold. The third position in this ranking was taken by Mexico (X units), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea stood at +33.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+22.0% per year) and Mexico (+19.6% per year).

In value terms, the largest dry-cleaning machine suppliers to the Dominican Republic were South Korea ($X), Switzerland ($X) and Mexico ($X), with a combined 61% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +100.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dry-cleaning machine import price stood at $X per unit in 2021, surging by 101% against the previous year. Over the period under review, the import price, however, saw a perceptible slump. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+14,977.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dry-cleaning machines in the world?

Thailand remains the largest dry-cleaning machine consuming country worldwide, accounting for 50% of total volume. Moreover, dry-cleaning machine consumption in Thailand exceeded the figures recorded by the second-largest consumer, Italy, twofold. Botswana ranked third in terms of total consumption with a 14% share.

What are the largest producers of dry-cleaning machines in the world?

The countries with the highest volumes of dry-cleaning machine production in 2021 were Thailand, Italy and Botswana, with a combined 89% share of global production.

What are the leading suppliers of dry-cleaning machines to the Dominican Republic?

In value terms, the United States constituted the largest supplier of dry-cleaning machine to the Dominican Republic, comprising 76% of total imports. The second position in the ranking was occupied by Spain, with an 11% share of total imports. It was followed by Italy, with a 7.5% share.

What is the average export price for dry-cleaning machines in the Dominican Republic?

The average dry-cleaning machine export price stood at $1,053 per unit in 2020, remaining relatively unchanged against the previous year.

What is the average import price for dry-cleaning machines in the Dominican Republic?

In 2021, the average dry-cleaning machine import price amounted to $282 per unit, shrinking by -7.1% against the previous year.

This report provides an in-depth analysis of the dry-cleaning machine market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28942250 - Dry-cleaning machines

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023